Read our Celox review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a celox.live review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Celox is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Celox in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Celox Review Conclusions
Making the Celox review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Celox review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Celox is a scam,I fell for it please do not fall..they keep calling you to make more investments and then they don’t respond to you anymore
Scam , nathan scammed me out of 800
Cheaters, scammed me out 390 USD
Cheaters. Save your money.
It’s pretty bad how incessant they are .
Just working through the process to get our money back .
Mike Lock wish I had information previously
Celox scammed me out of $1506 USD
DO NOT GIVE CELOX ANY OF YOUR MONEY. THEY ARE THE WORST SCAMMER’S EVER. I know I was stupid but I clicked on the Ad for Elon Musk and who would think that was wrong but I guess these people can use anyone. I can’t reach anyone to get my refund “surprise surprise!!!” And my trader was a Pakistani by the name of Dante LeRoux. That made me skeptical but it was too late by then. The Canadian number that called me for initial set up is no longer available and these other numbers are in London but the could be Siberia…… simple plan, stay away from all this. Just keep trading with your regular agents. Again do not even click on an ad on the internet. BE SMART your money will be safer.
Celox is a scam. They scammed my husband out of 10k . Went to withdraw it and his account now said 0 .
I too was scammed out of over €9,000 by Celox.live, who paid my money to Bitnomics, my account manager was Jackson Morgan who was very persuasive. I tried to withdraw money and my account, which I believe was spurious, suddenly went from over €34,000 went to €0. I heard nothing more from Jackson Morgan and he refused to answer my calls.
(1/5)
My bank refused to refund me they actually pulled out money that they had no authority too. Im out 1500
You have to contact the Estonian Financial Supervision Authority and from there, file a police report and send the police report from Estonia to the Estonian Financial Unit. They investigate money laundering as that’s what they do. It should be long after it gets resolved.
Celox.live there are two staff called Dylan and Dante le croix. They open trades for you and hold you on a close level to loose your positions. When it gets close they play big caring friends and pretend that they want to help you with a free bonus. You send more money and they “help” with this “bonus” right away. Thats my first experience with trading. I have never been trading before. Later when you want to take out a part of your profit or just a part of your own money Dylan speaks up and says “I forgot to mention, but you can’t withdraw any of your money because of this bonus. Maybe thats my fault (Dylan) because I did not inform you earlier about that. He calls it a miscommunication.” Either you send more money to them right away and then you receive a penalty of mostly all your profit in order to get your money back. Even then you don’t know if you get it back at all and maybe another story or “new reason” they lie about. Dylan tries to force me to create more commissions for celox.live (about 8k) and Dante is helping him big time. This guys are criminals. This company can only be a criminal institution as it seems they tolerate their staff to operate this way. they have no legal support division and dylan told me if i’m not satisfied talking to him he deletes my number then i can’t talk to anyone anymore. at a point he became upset then he told me that he will put my account to zero this evening. my celox id is: 108136. dante le croix started it now he is hiding and avoids contact. address: 17 albemarle street, 4th floor room 17, London, W1S 4HP. Their dirty game needs to come to an end.
They called me today that I have a profit from my deposit that I stoped in time 🙂 I checked my credit card and there is no transactions with them and they are claiming and showing on my account with them that I deposit $350 US and I made on it already additional commission of 340!!! They are trying very much to scam me…
Scammed me out of a lot of money,I dealt with Andrew Dahl,emergency happened I needed to cash out.I got nothing but dead ends
I started saying I want to get my money out. Dealt with Andrew as well. He kept saying it’s going up. I told him I wanted to start the process of getting my initial investment out. Next thing you know there is 0 funds, 0 trades no account anymore. Please do not fall for this. $1000 is a lot of money to me that holds money close.
They just sold all my crypto at loss!! i tryed to withdraw!!
12k gone on a night
I feel really dumb this morning
I too was scammed. I have tried contacting my Agent Frank Podolski and the phone just keeps ringing. I have had no reply either to the emails I have sent him. I lost $3,000.
I was scammed by Celoc.live. Was cold called by someone named Mike Williams from Celox.live. He then transferred me to DYLAN BROWN. This guy is a total scammer. He became my best buddy and over 3 weeks I stupidly invested $5600 with this goof until I called him on being a scam and POOF! He was gone…along with my money. I tried numerous times to get my money back. No replies. Found out that another scam group who works in cahoots with Celox is BITNOMICS. These guys somehow got my money. This whole ordeal is so corrupt. I contacted these guys whoever they are and was told that I authorized the transactions. I don’t even know who they are!! Dylan Brown set the whole thing up!! So now I don’t know where my money is. Gone I guess. That was last April of 2021. So fast forward to now. 3 weeks ago I got a cold call from some woman claiming to be from Celox and was informed that they had lost their ability to conduct any business until all investors were refunded the monies in their crypto wallets. So she passed me onto a guy named OLIVER WILLIAMS. He wants to refund my investment plus the money that it earned over the last 10 months. He told me that I had $256,000 in my wallet that was to be refunded to me. All I have to do to get it is to install ANYDESK so that he can get into my computer and walk me through the process of getting my refund. He calls me everyday…I told him he’s a scammer and no way was I allowing him into my computer. But he insists he’s legit. No matter what I say to him he still calls. If anyone else is going through this please let me know.
Hi,
I am also getting similar calls from multiple agencies. Today I got call from a lady called Megan Williams from Block Chain with the similar proposition to withdraw by money. To get that money back, I need to deposit 3% of my money as HOLD in my crypto wallet so that blockchain can validate my wallet and make the transfer of some 98K USD due to me. When I asked her to send me everything over email, she refused citing illogical reasons. I asked to come over ZOOM call or MS Team, but all refused so that I can know whom I am talking to!
Gosh! Hard to believe anyone these days.
I had a similar experience as Craig McVeigh is having.
After hanging up several times on the woman that wanted access to my computer, today they sent me an email with the following text: Celox Refund
As you are all aware,
Investments will soon be closed down.
Unfortunately, due to regulatory issues, we are sending back the client’s funds and profits back to their owners, Once we will send all the client’s funds back we will be able to get our name cleared and to get our license and regulations back.
Hopefully, we will resolve this situation soon and open our doors again for new and former investors.
We are working very hard to make sure that each and every client will receive their money back including their accumulated profits (if there are any).
To check your account balance and receive to your funds back please send us an email back with the KYC documents you submitted before on our website (Proof of ID, Proof of Residence), and a phone number with a convenient time for us to call you
Thay are really trying hard…to get more of my money.
Celox big scam’s be careful of Emily from withdrawal department of blockchain:
Craig McVeigh I am going through the same thing. However I am ashamed to say that I was stupid. He asked be about my intial investment. He said I had to get his help to get the initial investment and they are good. Lost more money. Damn I should know better. THEY WILL NOT GIVE IT BACK. They are using the trading platform COINSMART. I fell for it and now they are hounding me saying that my money was blocked and they are helping me to get it back. I will never answer their calls again. They are relentless
Hi Jennifer. My lesson learned was to trust no one in this online crypto market. It seems like it’s all a scam from the getgo. Even those so called “Refund Specialists” are freaking scammers. Then the scam saying that there is huge money in your crypto wallet but they need all your info AND want to install Anydesk into your bank account so that they have access to it. ARE YOU KIDDING ME. Give scammers access to my bank account. This shit is real and no one is or can or wants to stop it. I can’t believe that this world wide theft in the billions of dollars is allowed to go on.
I have same thing happened to me,
Hey guys. It seems like we are all going through this ongoing scam with these relentless scammers. Jennifer never give them anything. Nada…its all designed to get into your computer. Or they will tell you that your account has been closed and want a $1000 to reopen a new one. No one is trying to give back any money to anyone!!! Especially Celox who is a notorious scam company owned by the parent company PlexcomLLC . These are some of the biggest scammers on the planet. Stay far away from them. They are not in the business of giving back money. They specialize in taking money.
i have the same experience, they asked me to download AnyDesk and all. Confirming they are scammers.. too bad there is no way to catch them i am guessing
Samething happened to me want me to open desktop so that they can refund my money which I didn’t done it send them my Bitcoin wallet refused to deposited the money. Big big scammers
They just called me today after offering to auto deposit my funds back in to my account. I told them I do not feel comfortable with allowing them access to my phone via ANYDESK and that they can send me a cheque or wire transfer to my email.
The guy John Bassata got really really rude with me and basically informed me to contact my governement if i wanted it back or that i can deny it and they will keep it.
Phone number was 1-450-554-2194 – I did a google reverse search and the number shows up nothing. I tried to call back and it just rings busy!
Amazing. i hate these guys
Yes, they make it to sound really good. Automated process, No such thing. Then keep calling you; to see if you got more money to put down. “Checking collateral” After you wire the cash to them already. Then keep pressing you to invest more; as that is only way to make 1% good return on investment. Eg. $10,000.00 dollars. Nothing but excuses to wire back your money to you because it crypto. They then open up under Elon Musk Persona now. Called Quantum Ai. These people are heartless, evil, and cyber watch dogs; should prosecute them. I lost over $4000. Sure wish, I could get it back. Hard way to learn paying back that visa cash.
I read all these comments. I am a victim also. Of Celox.live and a piece of shit called Dylan Brown. But same story as all of the other players or account managers as he called himself. It would be great if we all could get together and compare notes and see if we as a collective unit bring these thieving scammers down. We should try to start a world wide group of people who have been scammed and bring them down.